NABARD allocates Rs 7,515 cr for crop re-finance

NABARD (National Bank for Agriculture and Rural Development) has allocated Rs 7,515.45 crore for crop loan refinance in Andhra Pradesh for the financial year 2012-13.

This disbursed will be allocated to Co-operative Banks and Regional Rural Banks in Andhra Pradesh for supporting seasonal agricultural operations during the year. This is an increase of 41.6 per cent over the Rs 5,307-crore disbursed during 2011-12.

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